Compare GAAP and non-GAAP Measures

FedEx Corporation reported the following in its 2016 earnings release.

Dollars in millions, except EPS					Net income	Diluted EPS
Non-GAAP measure					$3,238	$10.80
Mark-to-market pension accounting adjustments					(917)	(3.39)
TNT expenses and operating results					(129)	(0.45)
Tax impact-corporate restructuring for TNT integration					76	0.27
FedEx Ground legal matters					(158)	(0.57)
FedEx Trade Networks legal matter					(43)	(0.15)
GAAP measure					$2,067	$6.51

What amount did FedEx report as net income on its 2016 income statement?

$Answer million

The companys average equity was $14,389 million in 2016. Compute its return on equity using (i) the GAAP net income, and (ii) the non-GAAP net income.

Round answers to one decimal place (ex: 0.2345 = 23.5%).

	GAAP	Non-GAAP
ROE	Answer	Answer